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Whataburger hires investment firm Morgan Stanley to explore growth

Posted: 10:48 PM, May 17, 2019
Updated: 2019-05-17 23:48:34-04

The Whataburger chain is looking for ways to expand.  The company recently hired investment and financial services company, Morgan Stanley, to explore its options.

In a statement today, Whataburger says, “the chain has always evaluated opportunities that can accelerate growth and maintain the success of their brand.”

Whataburger says that Morgan Stanley was brought in to promote its growth, which is attractive to investors.  Some options include selling stock as an initial public offer on the stock market or selling part of the company.